Is it best to own several corporations separately or form a holding company and make them subsidiaries?

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Is it best to own several corporations separately or form a holding company and make them subsidiaries?

2007-03-18 09:37:04 · 3 answers · asked by Chris P 3 in Business & Finance ➔ Corporations

3 answers

Chris,

Holding companies must file complicated income taxes. You can accomplish reduced liability for all concerned and somewhat more simple income tax, by having aligned, but different organizations. This also may be beneficial when it comes to providing benefits for owners as opposed to those for rank and file employees. Get professional assistance on this.

Good Luck,
Dana B.

2007-03-18 15:14:40 · answer #1 · answered by planningresult 4 · 1⤊ 0⤋

Form a holding company with subsidiaries
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2007-03-18 09:45:25 · answer #2 · answered by James S 1 · 0⤊ 0⤋

Depends on the type of corporation. Possibly the later.

2007-03-18 09:40:55 · answer #3 · answered by Mark T 6 · 0⤊ 2⤋